Home prices
The median home in Lowell is valued at $148,300. It is about $14,680 (9%) lower compared to its surrounding areas.It is about $69,200 (31%) lower in comparison to the nation as a whole, and is roughly $4,900 (3%) higher compared to the city of Grand Rapids.
Rents
In Lowell the median rent is $829 a month. Compared to the surrounding areas this is roughly $39 (4%) higher.It is roughly $233 (21%) lower compared to the nation as a whole, and compared to the city of Grand Rapids is approximately $96 (10%) lower.
Nearby places
Saranac
Saranac is approximately 5 miles east of Lowell. Real estate prices there are a lot less expensive. The median home value in Saranac is $109,200, which is $39,100 (35%) lower than Lowell. The rent there is significantly less expensive. The median monthly rent in Saranac is $460, which works out to $369 (80%) lower than Lowell.
Forest Hills
Forest Hills is roughly 6 miles west from Lowell. Real estate prices there are substantially more expensive. The median home in Forest Hills is valued at $347,500, which works out to $199,200 (57%) higher than Lowell. The rent there is substantially more expensive. The median rent in Forest Hills is $1,368 a month, which is $539 (39%) higher than Lowell.
Clarksville
Clarksville is roughly 7 miles southeast of Lowell. Housing prices there are a little less expensive. The median home in Clarksville costs $117,400, which works out to $30,900 (26%) lower than Lowell. Rent there is significantly less expensive. Clarksville's median rent is $358 per month, which comes out to $471 (131%) lower than Lowell.
Kentwood
Kentwood is approximately 11 miles west of Lowell. Housing prices there are a bit more expensive. Kentwood's median home price is $158,700, which comes out to $10,400 (6%) higher than Lowell. Its rents are a little more expensive. The median rent in Kentwood is $899 a month, which comes out to $70 (7%) higher than Lowell.
Freeport
Freeport is about 11 miles south of Lowell. Housing prices there are substantially less expensive. Freeport's median home price is $82,100, which is $66,200 (80%) lower than Lowell. Rent there is similar. The median rent in Freeport is $867 per month, which is $38 (4%) higher than Lowell.